Washington, D.C. – March 15, 2011 – (RealEstateRama) — U.S. Rep. Brad Miller (D-NC) and more than 50 Members of Congress, including Representatives from most of the hardest hit states, sent a letter today to Edward DeMarco, Acting Director of the Federal Housing Financing Agency (FHFA), calling for Fannie and Freddie to take a leadership role in stemming the current foreclosure crisis. In part, the lawmakers write that FHFA has failed to use its influence to effect crucial changes that would slow the continuing decline of the housing market and maximize return to the taxpayer
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